Regulated Activities

Regulated Activities

The AFSA regulates financial services that Centre Participants may offer after due authorisation process and obtaining a licence, including:
(1) conventional services, such as capital market activities, banking, insurance/reinsurance, Islamic Finance,
(2) new financial services, such as private banking, asset management, private electronic currency trading, crowdfunding, investment funds etc.

Full list of regulated financial services is given below:
(1) Dealing in Investments as Principal
(2) Dealing in Investments as Agent
(3) Managing Investments
(4) Managing a Collective Investment Scheme
(5) Providing Custody
(6) Arranging Custody
(7) Providing Trust Services
(8) Providing Fund Administration
(9) Acting as the Trustee of a Fund
(10) Advising on Investments
(11) Arranging Deals in Investments
(12) Managing a Restricted Profit Sharing Investment Account
(13) Islamic Banking Business
(14) Providing Islamic Financing
(15) Insurance Intermediation
(16) Operating a Representative Office
(17) Accepting Deposits
(18) Providing Credit
(19) Advising on a Credit Facility
(20) Arranging a Credit Facility
(21) Providing Money Services
(22) Effecting Contracts of Insurance
(23) Carrying on Contracts of Insurance
(24) Insurance Management
(25) Takaful Business